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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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South-east firms win council contract

South-east law firms Thomas Eggar Church Adams and Cripps Harries Hall have beaten off rivals to advise Brighton & Hove Council on commercial property work. The council has a commercial property portfolio which brings in £8m per year in rent and has over 10,000 acres of farmland. It says the volume of work has increased […]

Scuffle of the week

George Carman QC (left) v Neil Hamilton (right). The former Tory minister was well and truly tied in knots by the celebrated libel lawyer representing Mohamed Al Fayed. During Carman’s cross examination, Hamilton was forced to admit that he was never likely to have been a front-bench spokesman, effectively dropping one of his claims for […]

Rakisons senior partner stung for libel damages

The libel action was brought by David Pooley against Wollenberg and City Index Ltd over allegations made by Wollenberg in 1993 when he and Pooley both worked at the index futures dealing company. Wollenberg – City Index’s Chairman at the time – told Mishcon de Reya lawyer, Simon Gallant that Pooley – City Index’s former […]

Wilde Sapte's Hong Kong practice faces collapse

Wilde Sapte’s Hong Kong office is collapsing following the departure of two partners and the bulk of its fee-earners. US firm Brown & Wood has poached the head of Wilde Sapte’s international banking and finance practice Balbir Bindra along with three associates and one consultant. Equity partner Bindra, who established the banking and finance group […]

Talk of focus is just tunnel vision

Focus. For those of us of a certain age this may well bring back memories of a certain Dutch rock band from the early 1970s. However, in more recent years it is a word applied to law firms in enough articles and consultants reports to make a significant dent in the Amazonian rainforests. To survive, […]

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